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Fore Street, Ilfracombe EX34

South West

£155,000
Listed on 10/04/2026

Property Details

Bedrooms
2
Type
Flat
Area
1271 sqft

Description

This two-bedroom apartment offers a unique opportunity for those looking to invest in a property ripe for transformation. Set on Fore Street, it boasts scenic views of Capstone Hill and the sea, making it an attractive option for first-time buyers or seasoned investors eager to undertake a rewarding refurbishment project. Upon entering, you're welcomed by a spacious entrance hall that leads into a generously sized living room extending into a bright kitchen diner. This layout presents an excellent foundation for modern living and entertaining, while the original features and high ceilings lend an air of character that can be enhanced through thoughtful renovation. The accommodation comprises two good-sized double bedrooms, including one with en-suite facilities, alongside a contemporary three-piece bathroom suite. Though the property requires comprehensive refurbishment throughout, it serves as an ideal blank canvas to inject personal style and increase its value. With lift access available on all floors, this apartment is not only appealing for its space but also accessible for diverse buyers, making it an enticing prospect in the vibrant locale of Ilfracombe—close to independent shops, eateries, and stunning coastal attractions. Take advantage of this chance to invest in a property with significant potential in the picturesque South West region.

Investment Analysis

(EX34 area)

Below Market Value

This property is priced -57.3% below area average per sq ft

-57.3%
Potential saving
This Property
£122/sq ft
Area Average
£286/sq ft
Avg Rent (weekly)
£190
Avg Yield
3.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£399,158
10% above area average per sq ft
Potential ROI
+99.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (EX34)

Area prices are stable by -0.1% over the last 12 months
3 year growth: -8.5%
5 year growth: +2.1%
Investment Disclaimer: Analysis based on EX34 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Fore Street, Ilfracombe EX34
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£549
Based on a loan of £116,250 over 30 years at 3.91% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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